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PRIVATISATION PROCESS
IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Maintenance lapse likely reason behind Air India engine fireAn Air India aircraft made an emergency landing after an engine fire. Preliminary investigations point to improper maintenance work. A nozz...
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- 8th Pay Commission, OPS and rising court cases: 7 issues key central government employee body raised in its 49th annual meetThe 49th annual meeting of the NC-JCM, presided by Cabinet Secretary TV Somanathan, addressed key central government employee concerns. Dis...
- Hindustan Zinc shares surge 5% as silver prices near Rs 3 lakh/kg after import duty hike; Vedanta shares jump 4%Government has raised import duties on gold and silver to 15 percent. This move has caused precious metal prices to surge. Hindustan Zinc a...
- Vedanta chief Anil Agarwal backs PM's call to save forex, pitches for mining reformsVedanta Chairman Anil Agarwal urged swift mining reforms to boost domestic production of oil, gold, and other critical resources, aligning ...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- State-owned AIESL eyes more international biz, enhanced servicing capabilities at its Nagpur MRO facilityAIESL, a state-owned MRO provider, is expanding its Nagpur facility. The company seeks to serve more international airlines and is pursuing...
- Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
- India's privatisation drive derails because of weak investor interestIndia faces challenges in its privatisation program. Three planned sales are under consideration for shelving due to weak investor interest...
- Government likely to restart IDBI Bank privatisation process from scratchThe government may restart the privatisation of IDBI Bank from scratch after financial bids came in below the reserve price, leading to the...
- Power engineers' body AIPEF demands withdrawal of discoms' privatisation processThe All India Power Engineers Federation (AIPEF) has urged the government to halt the privatization of electricity distribution companies (...
- Pakistan to privatise all SOEs, except strategic enterprises: PM SharifAsserting that the government's job is not to do business but to ensure a business and investment-friendly environment, Sharif directed all...
- Cut approval layers for faster privatisation: Niti AayogThere is a view that Cabinet has already approved the broader policy for privatisation of PSUs, which has been announced in the Budget, and...
- Choose right privatisation process for Air India: IATA chiefAir India is a member of the International Air Transport Association (IATA), a grouping of more than 275 airlines worldwide.
- Sharad Yadav seeks stoppage of airports privatisation processSharad Yadav sought immediate stoppage of the process of privatisation claiming that "undue haste" was being shown to benefit "pre-determin...
- Privatisation process of Kuwait Airways to be completed by 2010State-owned carrier Kuwait Airways today said it will complete its privatisation by 2010, even as it is looking to consolidate its presence...
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